Bitcoin News Roundup for April 9, 2020

Crypto market expected to remain highly correlated to stocks, the report said. The bank noted that network activity has been falling on Ethereum and stalling on the Bitcoin blockchain. Both bitcoin and ether spot ETFs have seen outflows, the bank said. The cryptocurrency market has continued to underperform other risk assets amid weakening demand, and

Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Danny is CoinDesk's Managing Editor for Data & Tokens. He owns BTC, ETH and SOL.Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Solana Labs’ crypto-forward smartphone Saga will go on public sale May…

Bitcoin ETFs have been eagerly anticipated for years. They finally got approved in the U.S. on Wednesday and began trading Thursday. As of 10 a.m. ET (15:00 UTC) on Thursday, here is a ranking of the 11 funds by first-day trading volume.ETFFirst-day trading volume (in U.S. dollars)Grayscale Bitcoin Trust (GBTC)$532 millionInvesco Galaxy Bitcoin ETF (BTCO)$531

In the future, HAPI is considering using AI to automate report approval, too, Letsyuk said: “We’re now feeding the reports we get to the [latest AI product by OpenAI] GPT-4 – it looks very raw at this point, but promising. Not trying to catch some hype here, but we believe that it can be helpful…

Pantera Capital is an investment firm focused exclusively on blockchain technology and cryptocurrency companies. Based in Menlo Park, CA, Pantera was founded in 2003 by Dan Morehead and originally focused on global macro hedge fund investments. The firm shifted its focus to the blockchain industry in 2013, and was at that time backed by major…

Traditionally in the domain of institutional investors, structured products combine various assets and derivatives to create tailored risk-return profiles. With the advent of blockchain, the potential for this market segment is enormous, promising significant cost reductions, enhanced composability, and improved accessibility. Currently, the global structured notes market is estimated to be worth more than $2

Asset manager Hashdex converts bitcoin futures fund into spot bitcoin ETF.The Hashdex Bitcoin ETF will trade under the ticker DEFI.02:14HSBC Brings Tokenized Gold to Hong Kong; Munchables Exploited for $62M10:40Bitcoin Reaching $1.5M Is 'Never Gonna Happen,' Trader Says00:47What's the Biggest Mistake Traders Make?01:11Will the Soaring U.S. Debt Lead to Market Shock?More than two months after

Grayscale, the investment firm behind the biggest spot bitcoin ETF, has introduced a new fund that stakes cryptocurrencies to earn income.The Grayscale Dynamic Income Fund (GDIF), the company said Tuesday, initially will own assets for nine blockchains: Aptos (APT), Celestia (TIA), Coinbase Staked Ethereum (CBETH), Cosmos (ATOM), Near (NEAR), Osmosis (OSMO), Polkadot (DOT), SEI Network

Today’s “Gensler for a Day” is Michale Shaulov, CEO of decentralized finance (DeFi) infrastructure and custody firm Fireblocks. Fireblocks occupies an extremely interesting position in the DeFi ecosystem: Late last month, it was proposed as the first “whitelister” for Aave Arc, a version of the Aave DeFi protocol aimed at serving institutions. That means higher…